MyBuys, which provides personalized product recommendations technology to online retailers, has closed on $20 million in a third round of funding. Palo Alto, Calif.-based Rho Ventures led the round, which included participation from Lightspeed Ventures and Palomar Ventures. The new money will help Redwood City, Calif.-based MyBuys expand adoption and development of its ecommerce service.
3 min read · 04 March 2011
1 min read · 03 March 2011
3 min read · 03 March 2011
Menlo Park, Calif.-based Amprius has raised $25 million in venture financing to support commercialization of its lithium ion batteries. New investors include China-based firms IPV Capital and Qian Neng Fund, as well as Silicon Valley’s Kleiner Perkins Caufield & Byers. Return backers include Trident Capital, VantagePoint Venture Partners and Stanford University.
2 min read · 03 March 2011
Mountain View, Calif.-based Egnyte, which provides cloud file server technology, has raised $10 million in Series B financing. Kleiner Perkins Caufield and Byers led the round, which included participation from existing shareholders Floodgate and Polaris. Egnyte said it would use the cash infusion to expand into international markets and increase domestic engineering, sales and marketing efforts.
3 min read · 03 March 2011
Alfalight Inc., a developer of high-performance laser diodes and hand-held infrared and visible laser systems, has sealed a strategic investment and technology development agreement with In-Q-Tel. Terms of the deal were not released. In-Q-Tel is a not-for-profit investment firm that works to identify technology to support the missions of the U.S. intelligence community.
2 min read · 03 March 2011
Retina Implant AG, a German developer of sub-retinal implants for the visually impaired, has raised $18 million in new funding. The money is aimed at expanding the company’s second clinical trial. Investors include the Drosten Group.
3 min read · 02 March 2011
Advertising technology company Invision Inc. has raised $6 million in venture debt financing from Wellington Financial LP. Silicon Valley Bank also provided a $2.5 million line of credit for the company. Invision develops advertising planning and sales management platforms for the media industry.
3 min read · 02 March 2011
BerGen Bio, the Norwegian biopharmaceutical research and development company, secured 7 million krone from local Sarsia Seed and Development funds to continue its leading research and development activities into new and original cancer treatments.
2 min read · 02 March 2011
Sunnyvale, Calif.-based Tibion Corp., which is focused on stroke rehabilitation therapies, has raised $10.175 million in new financing. Portola Valley, Calif.-based Three Arch Partners, and Boston-based Hambrecht & Quist Capital Management led the round. The money will help Tibion with the expansion of its stroke rehab device technology.
3 min read · 02 March 2011
